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| Subject:
Future Value
Category: Business and Money > Finance Asked by: oneten-ga List Price: $2.00 |
Posted:
15 Dec 2005 04:48 PST
Expires: 14 Jan 2006 04:48 PST Question ID: 606109 |
What is the total future value six years from now of $50 received in one year, $200 received in two years, and $800 received in six years if the discount rate is 8%? |
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| Subject:
Re: Future Value
From: scubajim-ga on 15 Dec 2005 11:08 PST |
50*((1/(1+.08))^5)+ 200*((1/(1+.08))^4)+ 800 |
| Subject:
Re: Future Value
From: omnivorous-ga on 15 Dec 2005 12:28 PST |
Oneten -- Scubajim's working this problem the wrong way. $50 delivered in your hands in 2006 will actually APPRECIATE over the following 5 years. Best regards, Omnivorous-GA |
| Subject:
Re: Future Value
From: mohamed_elkamony-ga on 20 Dec 2005 17:47 PST |
:)
FV= 50(1.08)^5 + 200 (1.08)^4 + 800
= $1145.56
Regards,
Mohamed El-Kamony
21-12-2005 |
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